Australian Bitcoin ETF Reaches Milestone of 100 BTC Under Management

The surge in popularity of cryptocurrency as a conventional stock asset class truly gained global momentum in January 2024, following the SEC’s green light for spot funds in the United States. This fervor has now seemingly crossed the equator, with IBTC witnessing a significant leap in assets under management over the past two months.

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• ETF Growth Intensifies Over Second Half of 2024
• Australia Steadily Mirroring US’ proactive Stance Towards Cryptocurrencies
• Where to Buy Bitcoin (BTC) in Australia ?

ETF Growth Intensifies Over Second Half of 2024

Less than eight weeks ago, precisely on June 4th, 2024, Monochrome’s spot Bitcoin Fund had accumulated a modest 17 Bitcoin despite being in operation for over a year. However, something significant shifted during this period, as the desire for Bitcoin among traditional Australian investors skyrocketed.

Fast forward to July 29th, and the Australian spot Bitcoin fund now boasts an impressive 100 Bitcoin across its managed portfolios. This astonishing growth represents a remarkable 488% surge in less than two months, demonstrating the heightened interest and adoption of Bitcoin among Aussie investors.

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Australia Steadily Mirroring US’ proactive Stance Towards Cryptocurrencies

Where to Buy Bitcoin (BTC) in Australia?

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If you want to trade Bitcoin(BTC) in Australia, we advise you to start with BTCC, one of the longest-serving exchanges in the world. As a old exchange enjoy good reputation, BTCC is more reliable.

BTCC is among the best and safest platforms to buy Bitcoin(BTC). The reasons why we introduce BTCC for you set forth as below:

Industry-leading security

BTCC attaches great importance on security. Since founded in 2011, BTCC has never been hacked or been a victim of any other kind of successful malicious attack, which fully illustrates its security capabilities. Through measures like segregation of assets, 1:1 storage of users’ assets, money laundering prevention and identity authentication and no collateralising tokens for loans, BTCC enjoys good reputation in asset security.

High Liquidity & Volume

BTCC is ranked top 10 by trading volume on both CoinMarketCap and CoinGecko, the world’s two largest crypto information platforms. BTCC prides itself on providing crypto futures trading services to users worldwide with market-leading liquidity, offering perpetual futures on over 300 cryptocurrencies, including BTC, ETH, DOGE, LTC, SOL, XRP, SHIB, etc.

Extremely low fees

Charging high fees means less return for investors. Compared with other major exchanges, BTCC only charges 0.06% for both takers and makers, which are far below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.

High and rich bonus

BTCC holds all kinds of campaigns where investors can participate to win exciting bonus. For example, new users can get rewards up to 10,055 USDT coupon through completing relevant missions, like registration, identity verification, first deposits, cumulative futures trading volume, etc. Besides, becoming VIP also can enjoy rewards like VIP-exclusive perks, including discounts on trading fees, access to exclusive campaigns, BTCC merch, priority customer support, fast withdrawal, and many more.

Excellent customer service

BTCC also gains great reputation in terms of customer support. If you are confused or have problem in the process of trading currencies, you can obtain customer support via email and live chat, BTCC offers 24/7 online customer service for you.

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